Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0489%/8h= −53.5% APRnext payment $0.61 per $10,000 · paid last 24h −0.127%
Price spread now: Coinbase International against Nado+0.154%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.252%−$25 on $10k
Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.154%, 7d avg −0.008%
Together, before fees−0.241%+ Points / potential airdropNado: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.161% dearer against Nado than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.008%): +$16 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.34740.0425pay 0.0053% / 1h0m 45s$1.9M$3.1M10x
ShortCoinbase International NEAR-PERP-INTX4.3541−0.0064pay 0.0008% / 1h0m 45s$2.2M$14.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$102.66
Price spread: +0.154% → −0.008%
$16.11
Slippage, 4 orders
−$21.99
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$125.54
Costs to cover
0.390%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago0.57 bp7.0 bp −$715.6 bp −$156doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago4.58 bp10.0 bp −$1016.7 bp −$167doesn't fitdoesn't fit

NEAR on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3477+0.006%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0064%1h4.3541+0.154%$2.2M$14.2M50x
dYdX NEAR-USD0.0000%1h4.3555+0.185%$107K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3522+0.110%$553K$19.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3520+0.105%$196K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.748%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3510+0.082%$114K$487K50xas long as short
Pacifica NEAR+0.0100%1h4.3559+0.195%$408K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3582+0.247%$264.3M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3546+0.165%$219.1M$416.8M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3530+0.128%$61.8M$287.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3550+0.174%$207K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3555+0.186%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3478+0.009%$31.4M$63.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3570+0.220%$75.8M$145.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3590+0.266%$53.9M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3476+0.004%$71.4M$126.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3490+0.036%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3517+0.099%$8.4M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.3594+0.276%$269K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3541+0.152%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3590+0.266%$196K$775K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3519+0.103%$204K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3539+0.149%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3540+0.151%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3595+0.278%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+0.381%$455K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3590+0.266%$3.8M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3539+0.149%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3458−0.038%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3545+0.163%$203K$34K3xas long as short
Aster NEARUSDT+0.0177%8h4.3524+0.116%$3.0M$5.6M50xas long as short
Kraken Futures PF_NEARUSD+0.0217%1h4.3607+0.305%$7.7M$40.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.3518+0.102%$254K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3554+0.183%$13K$7K10xas long as short
Nado NEAR-PERPlong+0.0425%1h4.3474long leg$1.9M$3.1M10x
RISEx NEAR/USDC+0.0509%1h4.3551+0.176%$548K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0554%1h4.3589+0.264%$1.9M$4.3M25xas long as short
Phoenix NEAR+0.0592%1h4.3584+0.252%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0784%1h4.3557+0.190%$1.6M$7.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0803%1h4.3578+0.239%$1.5M$6.3M20xas long as short
Hyperliquid NEAR+0.0859%1h4.3545+0.163%$366.5M$306.1M10xas long as short
Aftermath Perps NEARUSD+0.1664%1h4.3639+0.379%$5K$12K10xas long as short
Lighter NEAR+0.1696%1h4.3676+0.464%$17.4M$25.8M15xas long as short